U.S. Politics

Brooklyn shooter was Black Nationalist, faces terrorism charges. Frank James injured 23 people using smoke grenades and a Glock 9mm firearm on the New York subway. He was arrested after a 30 hour citywide manhunt. Prior to the attack, he had posted black nationalist propaganda online, including “various conspiracy theories”. He may face life in prison if found guilty of the charges, which include violation of anti-terrorism laws that forbid violent attacks on mass transit systems (BBG)

DOJ to pay $9 million for superyacht.Billionaire Viktor Vekselberg’s superyacht Tango was seized by the new KleptoCapture unit formed to strip assets from sanctioned Russian oligarchs. But KleptoCapture decided to take responsibility of the upkeep and maintenance of the yacht, at the estimated cost of over $9 million every year (BBG)

Senator Feinstein’s memory “rapidly deteriorating”, four senators report. The Democrat repeatedly forgot names and referred to a deceased person in the present tense at a memorial service. After one lawmaker had to reintroduce themself multiple times to Feinstein during a single conversation, they considered organizing “some kind of intervention” to get the 88 year old to retire (Insider)

U.S prosecutors charge Russian politicians over Congress influence scheme. Putin ally Aleksandr Babakov and two of his staff members were indicted for operating an “international foreign influence and disinformation network” in the U.S. The scheme involved attempting to influence members of Congress to weaken global security Reuters)

Biden and first lady earned over $600,000 last year, tax returns show. This included a $378,333 presidential salary and over $100,000 in interests and other benefits (Reuters)

Mark Rubio stumbles over anti-Marijuana speech in an interview with Pensacola TV. The senator suggested that marijuana would be laced with fentanyl, perhaps in an attempt to justify his opposition to the marijuana legalization bill that is expected in the Senate before August recess (Reason

Mask mandate to continue into May as CDC declares “formal Covid-19 public health emergency”. Masks will be requires on trains and airplanes for at least another two weeks, and special powers will remain in place for at least another 90 days (BBG)

Islamic State fighter guilty of murdering four Americans, a Virginia court found. El Shafee Elsheikh was convicted of abduction, torture and beheading of hostages, including journalists and aid workers. He is the highest profile ISIS fighter to stand trial in the U.S, and awaits sentencing in August (WSJ)

World View

Australia Prime Minister reneges on anti-corruption promise after facing criticism on “nonsense” process. In the 2019 federal election, Scott Morrison vowed to establish an anti-corruption watchdog. Now, he’s blaming the opposition party for refusing to approved his highly criticized draft without amendments (Guardian)

President Macron targets auto CEOs in latest election campaign stunt, but continues to ignore France’s energy problems. Macron narrowly won the first round of the election, and will face popular right-wing opponent Marine Le Pen in the second round on Sunday. His threat to impose an EU-wide pay cap is likely an attempt to scoop up left wing socialist voters (BBG)

North Korea builds skyscraper without working elevators. The 80-storey residential building was opened in Pyongyang this week, but residents are hoping not to be assigned to live there by the communist government. Tall buildings in North Korea often have no running water because their water pumps are not powerful enough to serve the highest floors (Reuters)

Shanghai residences turned into COVID centers by the Chinese police, a livestream revealed last week. Neighbors are terrified of infection as the city’s pandemic death toll continues to rise, despite draconian lockdown measures (Reuters)

Britain to send asylum seekers to Rwanda as part of promise to “take back control of borders” since 2016’s Brexit vote. The plan seeks to combat people-smuggling and ensure a safe and legal asylum process. But Rwanda, which engineered the genocide of half a million Tutsi people in 1994, is seen by human rights bodies as an unsafe destination (Reuters)

Social and Business 

Twitter board “not aligned with shareholders” amidst Musk buyout offer, the Tesla billionaire claimed yesterday. In a letter to the board, Musk explained that Twitter had failed to achieve its role as “the platform for free speech around the world”. But the board rejected the $41bn takeover offer and established a shareholder rights plan to prevent Musk from acquiring more than 15% of the company (BBG)

Jobless claims higher than expected as 185,000 Americans filed jobless claims last month, against expectation of 170,000. Unemployment rates remain near multi-decade lows (Yahoo)

Green Cards wasted amidst labor shortage, as Federal immigartion officials admit that 66,000 fewer employment-based green cards were issued last year. 1.4 million immigrants are currently awaiting U.S employment, but only of Federal authorities only bother to issue 75% of the 262,288 available green cards (Reason)

Crypto

Million dollar Jack Dorsey NFT worth just $280 at auction. The NFT of the Twitter founder’s first tweet was sold for $2.9m to crypto entrepreneur Sina Estavi last year. He listed the NFT for auction with a target of $48m, but received no more than seven offers, ranging from a massive $280 to as low as $6. He opted not to sell (Coindesk)

Crypto trading suspended across India just weeks after Coinbase announced its expansion into the country. A new 30% tax on crypto income is weighing on sentiment, with trading volumes on Indian crypto exchanges falling over 88% (BBG)

Source

Leave a Reply

Your email address will not be published.